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Newport Beach Market Report

$3,101,190

AVERAGE PRICE OF 391 HOMES

$1,761,555

AVERAGE PRICE OF 4 DISTRESSED HOMES

$3,322,061

AVERAGE PRICE OF 358 MULTI-MILLION DOLLAR HOMES

$4,843,283

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$3,056,418

AVERAGE PRICE OF 155 HOMES WITH A POOL

$2,279,790

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $3,101,190
Avg Bedrooms 3.74 beds
Avg Bathrooms 3.86 baths

Average Price by Bedrooms

1 bedroom $834,780
2 bedrooms $1,478,011
3 bedrooms $2,509,774
4 bedrooms $3,190,807
5 bedrooms $4,282,871
Newport Beach Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 321 371 364 344 399
Average Price $2,985,476 $3,110,481 $3,124,563 $3,206,156 $3,230,584
Avg Price Change -4.19% -0.45% -2.61% -0.76% +3.58%
Median Price $2,385,535 $2,448,309 $2,488,928 $2,516,176 $2,491,157
Med Price Change -2.63% -1.66% -1.09% +1.00% +2.46%
Avg Bedrooms 3.76 beds 3.75 beds 3.74 beds 3.77 beds 3.74 beds
Avg Bathrooms 3.87 baths 3.93 baths 3.9 baths 3.94 baths 3.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Codema 79 $2,329,498 90 days
Harbor 4 $3,427,000 34 days
Newhar 80 $3,248,465 120 days
Newpor 1 $3,585,000 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 391 $3,101,190 104 days
Distressed Homes 4 $1,761,555 80 days
Multi-Million Dollar Homes 358 $3,322,061 106 days
Newly Built Homes 26 $4,843,283 125 days
Homes with a Pool 155 $3,056,418 101 days
Reduced Price Homes 10 $2,279,790 123 days
36 Discovery Suite 100
Irvine, CA 92618
949-681-8300
DRE# 02003646

Based on information from California Regional Multiple Listing Service, Inc. as of May 27, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.